in fact the united states is the third largest producer of oil in the world today. oil production has jumped 13%. because of advances in technology. hydraulic fracturing core fracking can. extract oil from shale rock. and from the gulf of mexico it is bringing even more oil! with those advances, the largest consumer of crude oil needs more than it produces. 29 percent of the imported oil comes from right next door. from the area of canada and 90% comes from mexico, venezuela and 14 percent of the imports are coming from saudi arabia. president obama and mitt romney want to clean it off of its dependence on foreign oil. expanding domestic oil production is crucial but there are key differences in the approach. >> meeting the goal of cutting our oil dependence is on to the things. first, to find and produce more oil at home and the second is to reduce of our overall dependence on foreign oil. with cleaner alternatives. >> curbing consumption is one of his " deep ministration posing 54 gal. per mile on carmakers. and also alternate forms of energy to replace it. at the